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Salary Expense at QuickDinner Inc is $7500 per week for a Monday -Friday workweek. Employees are paid each Friday. If the company's year ends on

Salary Expense at QuickDinner Inc is $7500 per week for a Monday -Friday workweek. Employees are paid each Friday. If the company's year ends on a Wednesday, what adjusting entry must it record. Explain the impact on the financial statement if this entry is not recorded.

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